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Nairaland Forum / Nairaland / General / Politics / 2024: Tinubu Signs N28.7tn Budget Into Law (7624 Views)
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2024: Tinubu Signs N28.7tn Budget Into Law by chokekachy: 4:07pm On Jan 01 |
President Bola Tinubu on Monday afternoon signed into law the 2024 Appropriation Bill at the Presidential Villa, Abuja. https://punchng.com/just-in-tinubu-signs-2024-budget-into-law/?utm_term=Autofeed&utm_medium=Social&utm_source=Facebook&fbclid=IwAR0sBMl02dm-b-P8oSg5Z-7ybpX59VBlamTTVpjZwf6XCnBOZ6UeoU_gTNs#Echobox=1704117354 10 Likes 2 Shares
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Re: 2024: Tinubu Signs N28.7tn Budget Into Law by atiku4President(m): 4:09pm On Jan 01 |
Budget of Tinubulation, I guess. How does the budget affect the lives of common Nigerians, if not to make the rich richer? Hope Nigerians will someday somehow get some little value for the time they waste in reading stories about Tinubu and APC. 14 Likes 2 Shares |
Re: 2024: Tinubu Signs N28.7tn Budget Into Law by Klud: 4:12pm On Jan 01 |
Finally |
Re: 2024: Tinubu Signs N28.7tn Budget Into Law by johnmartus(m): 4:14pm On Jan 01 |
He also emphasized the need to maintain the January-December implementation cycle saying “Our goal is to ensure that the Appropriation Act comes into effect on January 1, 2024,” I don't know if it's a dream I'm dreaming but I thought he has already set up a body that will coordinating the financial activities of this ministries. Because its safe to say our so called ministers and permanent secretary are the real looters. 4 Likes |
Re: 2024: Tinubu Signs N28.7tn Budget Into Law by datola: 4:15pm On Jan 01 |
Recurrent expenditure at N8,768.5330,852; capital expenditure at N9,995,143,298,028 and GDP at 3.88 per cent. Not bad... compared to what we used to have where recurrent stealing exceeded capital expenditure. Also, budget coming into effect 1st day of accounting year of the country is a great departure from past norms where economic activity is usually at the low eb in the first quarter because everybody was waiting for the budget. Implementation is the main thing. 7 Likes |
Re: 2024: Tinubu Signs N28.7tn Budget Into Law by adioolayi(m): 4:16pm On Jan 01 |
Enough of excuses and rhetorics.. We need actions... We want to feel the positive impacts of this government on the street.. Let performance begins! 10 Likes |
Re: 2024: Tinubu Signs N28.7tn Budget Into Law by datola: 4:16pm On Jan 01 |
chokekachy: Hoping implementation will be thorough.. 1 Like |
Re: 2024: Tinubu Signs N28.7tn Budget Into Law by iwaeda: 4:17pm On Jan 01 |
chokekachy: Padded budgets that is not well scrutinised, minimal impact on the citizenry. Implementation will not be up to 5%, how will the budget be funded. We need to rebased our system. Tinubu and APC don't know what to do. All the promises are scams. N35k was only paid for September . Some FG staff not paid December till date. 7 Likes |
Re: 2024: Tinubu Signs N28.7tn Budget Into Law by Visman(m): 4:18pm On Jan 01 |
K |
Re: 2024: Tinubu Signs N28.7tn Budget Into Law by Skillsnigeria: 4:20pm On Jan 01 |
Re: 2024: Tinubu Signs N28.7tn Budget Into Law by Lobolintin(m): 4:21pm On Jan 01 |
Tinibus govt no fit offer unah anything... Nah so Buhari dey pass and sign trillions... Tunde dey use am buy Royce 4 Likes |
Re: 2024: Tinubu Signs N28.7tn Budget Into Law by DMerciful(m): 4:22pm On Jan 01 |
That 28.7 trillion of the certificate forger and narcotics trafficker's budget is less than the 4.5 trillion GEJ budget if you factor the astronomical decline of the naira since 2015. 2 Likes |
Re: 2024: Tinubu Signs N28.7tn Budget Into Law by Fatbam005: 4:22pm On Jan 01 |
It's a pity that ordinary citizen will not benefit from this 3 Likes |
Re: 2024: Tinubu Signs N28.7tn Budget Into Law by saintopus(m): 4:24pm On Jan 01 |
Recurrent expenditure figures are really high compared to budgeted figures for capital development datola: 1 Like |
Re: 2024: Tinubu Signs N28.7tn Budget Into Law by INTEGRITYA1(m): 4:25pm On Jan 01 |
God Bless Nigeria 1 Like |
Re: 2024: Tinubu Signs N28.7tn Budget Into Law by Obakoolex(m): 4:27pm On Jan 01 |
atiku4President: This is new year, please stop all this your wailing and think of how to better your life and people around you. 3 Likes |
Re: 2024: Tinubu Signs N28.7tn Budget Into Law by WowSweetGuy(m): 4:27pm On Jan 01 |
Re: 2024: Tinubu Signs N28.7tn Budget Into Law by atiku4President(m): 4:32pm On Jan 01 |
Obakoolex: Are just waking up. Sorry, you came late. 1 Like |
Re: 2024: Tinubu Signs N28.7tn Budget Into Law by Nackzy: 4:34pm On Jan 01 |
Let the looting continue |
Re: 2024: Tinubu Signs N28.7tn Budget Into Law by seunmsg(m): 4:36pm On Jan 01 |
I hope they can maintain the January to December financial year cycle this time around. The AGF should immediately issue a circular to close the capital accounts of all MDAs. 2 Likes |
Re: 2024: Tinubu Signs N28.7tn Budget Into Law by Dynamicboss: 4:47pm On Jan 01 |
Budget favour me oo 1 Like |
Re: 2024: Tinubu Signs N28.7tn Budget Into Law by Quebec91(m): 4:55pm On Jan 01 |
Aloota Continua Nackzy: |
Re: 2024: Tinubu Signs N28.7tn Budget Into Law by Simeonjoe1: 5:01pm On Jan 01 |
DMerciful:. True. Imagine a dollar rate of 200, and we budget 28trn. 10trn capital expenditure = a whopping $50bn. Imagine mega infrastructure $50 will build 1. West-east road ($4bn) 2. West-North road ($3.2bn) 3. Calabar-maiduguri(EAST-NE) ($6bn) 3b.Middle belt connecting highway ($7bn) (I think the middle belt has one of the most disjointed roads, no major 6 lane highways). Good tourist attractions sites the the mambila plateau has no good road connections. 4. Ibadan-osogbo - ilorin-minna(spur connecting Kaduna) -Abuja ($7bn) 4.West-East standard rail ($7bn) 5. East-maidiguri standard dual carriage rail ($8bn) 6. Kano-maidiguri standard rail ($2bn) 7. kano-maidiguri road ($500m, major sections had already been done) 8. Major power infrastructure overhaul(generation, transmission, distribution) ($20bn) 9. Bridges, hydroDam,port, FTZ, airports,Cheap government housing(mortgages) ($10bn) 10. Consumer credit ($5bb) With private sector participation you'll be spending $150bn annually on capital intensive infrastructure. Without this I don't see Nigeria going anywhere with all this disjointed budget that can't complete a single meaningful capital project 1 Like |
Re: 2024: Tinubu Signs N28.7tn Budget Into Law by Menclothing: 5:03pm On Jan 01 |
Give us world class infrastructure on energy and refining Agriculture Transportation road and rail Electricity and refineries Let state gov get involved massively and fg |
Re: 2024: Tinubu Signs N28.7tn Budget Into Law by Chikarata2020(m): 5:07pm On Jan 01 |
Money wey go enter few individuals pocket and the country will be back to square one. The worst is that they are not borrowing to looting |
Re: 2024: Tinubu Signs N28.7tn Budget Into Law by psalmsjob: 5:13pm On Jan 01 |
atiku4President: Thank God it is not literally a budget of Atikuloters.... Budget of a country affects its citizens whether "rich" or "poor" those that usually miss out are those who don't realise or deny this fact. No one is an island to himself... just keep doing the "good" things you are doing and the good of the country will rub off you somehow somehow get your Hope Renewed 1 Like |
Re: 2024: Tinubu Signs N28.7tn Budget Into Law by Mosba: 7:14pm On Jan 01 |
G |
Re: 2024: Tinubu Signs N28.7tn Budget Into Law by nedu666: 7:20pm On Jan 01 |
So tinibu signed 10billion in car park, 12 billion for national assembly library, 10 billion assembly hospitals 1 Like |
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